"I'm getting out because of the degree to which the very name "Trump" has degraded the public discourse and the nation itself. I can't hear, or see, or say that name any longer without spitting. Frankly, I'm running out of Trump spit," he wrote.

"He is just trying to use 'Trump' to get publicity and stay relevant," he said in the emailed statement. "The prices of Trump apartments are today, the highest they've been. When people find out he is leaving Trump Palace, prices will probably go up."

The three-bedroom, 2.5 bathroom unit is on the 40th floor of Trump Palace. It has two balconies, a terrace and a chef's kitchen.